What is a Vendor Take Back Mortgage? A vendor take back mortgage, also known as VTB mortgage, is a type of financing arrangement in Canada that involves the seller of a property lending money to the buyer to help them purchase the property. In a vendor take back mortgage, the seller acts as the lender and accepts payments from the buyer over a specified period, just like a traditional mortgage. However, instead of a bank or other financial institution providing the mortgage, the seller... [read more]